East-West Highway Corridor Improvement (WB-P149952)

Countries
  • Georgia
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
A
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Dec 3, 2015
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Georgia
The holder of the loan, grant, or other investment.
Sectors
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 140.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 140.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 164.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Jan 21, 2018

Disclosed by Bank Apr 1, 2015


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description
According to WB website, the development objectives of the East-West Highway Corridor Improvement Project for Georgia are to: (i) reduce road user costs along the East-West highway corridor section upgraded under the project; and (ii) strengthen the capacity of the roads department and the ministry of economy and sustainable development to respectively manage the road network and provide an enabling environment to improve logistics services. The project comprises of four components: Component 1: Improvement and asset management of the East-West highway corridor. Component 2: Institutional strengthening aim to strengthen the capacity of road department’s (RD’s) intelligent transport systems (ITS) unit in setting up and managing ITS systems applications to improve traffic control and road safety, and timely communication with road users along the East-West highway corridor, and RD’s monitoring unit to assess and inform the general public and beneficiaries about the impacts of improving the East West highway corridor. Component 3: Project management support will finance the mobilization of relevant technical expertise (that is, project management; bridge, tunnel, and geotechnical engineering) to support RD and foreign projects unit (FPU) management during project implementation. This component will also contribute to building the technical capacity of RD. Component 4: Preparation of future investments will finance the preparation of designs and supporting studies for future investments for the development of the road network.
Investment Description
  • World Bank (WB)
International Bank For Reconstruction And Development: USD 140,000,000.00 Borrower: USD 24,000,000.00
Contact Information
Team Leader: Mustapha Benmaamar Senior Transport Specialist Telephone No.: 458-2034 Email Address: mbenmaamar@worldbank.org Borrower/Client/Recipient: Georgia Mr. David Lejava, Deputy Minister of Finance Telephone No.: (995-32) 446-447 Email Address: d.lejava@mof.ge Implementing Agency: Roads Department of the Ministry of Regional Development and Infrastructure (RDMRDI) Nugzar Gasviani, First Deputy Chairman Telephone No.: (995-32) 237-5068 Email Address: info@georoad.ge ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.